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News Explorer — Ron DeSantis Promises to End 'Biden's War on Bitcoin', Toss CBDC 'Into the Trash Can'

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Jul 31, 7:31 pm
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Ron DeSantis Promises to End 'Biden's War on Bitcoin', Toss CBDC 'Into the Trash Can'

Florida Governor Ron DeSantis, a presidential hopeful, has pledged to end the Biden administration's alleged attack on the crypto industry if elected. DeSantis criticized the consideration of a Central Bank Digital Currency (CBDC) and signed state-level legislation banning a federal CBDC in Florida. He expressed support for Bitcoin and claimed that the network is threatened if Biden is reelected. Some crypto firms are already moving overseas due to banking restrictions and regulatory challenges.

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